Government bond yields: Bank of Baroda report pegs 10Y in 6.50-6.60% range
Bank of Baroda expects India's 10-year government bond yield to stay between 6.50 and 6.60 percent in September. The upcoming borrowing calendar is a key factor. A widening interest rate gap with the US supports this. The US Federal Reserve might cut rates, but the Reserve Bank of India is likely to maintain its stance.
Bank of Baroda expects India's 10-year government bond yield to stay between 6.50 and 6.60 percent in September. The upcoming borrowing calendar is a key factor. A widening interest rate gap with the US supports this. The US Federal Reserve might cut rates, but the Reserve Bank of India is likely to maintain its stance. What's Your Reaction?
